Straight forecast doubles calculator. A three-selection multiple bet is known as a treble. Straight forecast doubles calculator

 
<u> A three-selection multiple bet is known as a treble</u>Straight forecast doubles calculator Any bonus for forecast doubles or trebles is added to the calculated total return, i

Lets do a straight forecast double by calculator and manually. . Trusted platforms like Betfair, Bet365, and Ladbrokes offer opportunities for lay betting. If we use Straight line method this results in 2 remaining depreciation values of 677. currency you have staked. A reverse forecast allows you to select two greyhounds to finish first and. About AceOdds. Unlike in a straight forecast (SF), the order in which the two selections finish doesn’t matter, provided. 5939 or about 110. Number of Races, Straight Forecast Doubles, Reverse Forecast Double. Six types of forecast bet are covered. Please note this offer does not apply to Tote bets, Colossus bets or To Be Placed markets. With a. The first named selection (Tommy’s Boy) must be placed 1st, and the second named. View All 5 Bet365 Codes. Then: = s / rA Straight Forecast consists of 1 bet that requires you to predict which selections will finish 1st and 2nd in the correct order. A Double Reverse Forecast is utilising a 2 single Reverse Forecasts where the return of race 1 are used as the stake for race 2. Straight Forecast Yankee A wager consisting of 11 bets (six Doubles, four Trebles and 1 Four-fold), like a standard Yankee. Sports forecasts 100. A forecast is a bet involving two greyhounds to finish first and second in the correct order. Straight Forecast Chart. A reverse forecast allows you to select two greyhounds to finish first and second in any order. Once a set of forecasts was made with a value of α (and β if necessary), both MAD and MSE were calculated. The Exacta is a bet where the 1st and 2nd are chosen to finish in the correct order. Reverse Forecast Double. However, with the following system your chances of winning a forecast increase to 80%. Bet Calculator | At The RacesReverse forecast betting is an excellent choice for horse racing enthusiasts who seek higher odds. And like those calculators, our odds calculator makes your life easier by running the numbers for you. 0 with a $100 wager, the calculator would calculate $100 x 3. The Greyhound Betting Calculator features: 1. 3 Dogs Rev FCast Trebles. Accumulator bet calculator - Handles up to 20 selections and calculates profit in an instant. Forecast bets will be settled in accordance with our Rule "Forecasts". Statistical model by Nate Silver, Jay Boice and Neil Paine. A Forecast is a bet where you select the first two horses (or dogs) home in the correct order. Reversed Forecast Double – A bet comprising 2 reversed forecasts from different events in a double = 4 bets: e. Double bet calculator - This calculator works out winnings for double bets and supports perms (doubles from 3, doubles from 4 etc). The Greyhound Betting Calculator features: 1. . This is illustrated below. Entering a staking plan and calculating your…A forecast is a bet where you select a number of selections to finish in a specific order, usually associated with horse and greyhound racing but becoming more common in other sports too; for example, Chelsea to win the league and Manchester City to come second would be a straight forecast. In this guide, uncover the fundamentals of lay betting and strategies to navigate this intriguing form of wagering. Of course, this is useful if you notice seasonality in your time series. Step 2: Calculate the percent growth rate using the following formula: Percent Growth Rate = Percent Change / Number of Years. If there are less than 3 actually running in a race then all forecasts for that race. They are popular with horse racing and greyhound racing in particular, but can be used on many sports including. Your business may use its past revenue growth rate as a standard for growth in the future. Learn more. Las vegas sports betting news. Straight Forecast: Picking the first two finishers of race in the exact order. This article will cover the moving average, which details what insights this technical indicator gives to the investor, how to calculate the moving average, and we will review a real example. Six types of forecast bet are covered. There can be a straight or a reverse forecast. STRAIGHT FORECAST DOUBLE. Horse A with the field in straight forecasts (6 runners) i. For example, a £2 Lucky 15 would cost £30. A Double is one bet on two selections from different events, both must win for the bet to be successful. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. This bet is popular because it allows a punter to win relatively large amounts for smaller stakes, but it is obviously harder to pick a winning bet when betting on straight forecasts. Straight Tricast – 3 selections from the same event, to finish. Rather than being given a fixed price in advance, bookies use an algorithm to calculate the returns for a £1 bet on the two runners that end up finishing first and second. 8036 or about 120. The Double Bet Calculator allows you to calculate the stake, return and profit for Doubles, permed from up to 20. Double A double, round robin or 2 play parlay is 1 bet involving 2 selections in different events. The return from the first selection is carried forward to provide the stake for the second selection; therefore both selections must win for you to make a profit. Use our CSF tool to check returns for the Computer Straight Forecast. The straight-line concept is based on the idea that the usage of the rental arrangement is on a consistent basis over time; that is, the rented asset is used at about the same. Entering a staking plan and calculating your… Combination Forecast Doubles and Trebles . It is called a straight forecast prediction bet. 3623) and (gamma = 1. With the field: Means that you wish to have one selection (e. Straight Forecast Trebles Bet – A single straight forecast treble would be Trap 1&2 in the 18. Using your A at 3/1 and B at 10/1, the two straight forecasts. We have outlined most of the common ways that our free bet calculator can be used, and you can see all these options listed. Depreciation. A Forecast Calculator that can calculate forecast bets on up to 36 greyhound races. can be expected to pay: A beats B: 3 x (10+1) = £33 for a £1 stake; B beats A: 10 x (3+1) = £40 for a £1 stake. Fonbt withdrawal of funds on the card of Sberbank. A forecast is a bet involving two greyhounds to finish first and second in the correct order. An accumulator links together multiple bets and is popular within many sports. Also shown are the numbers of bets for some of the well know bet types offered and promoted by bookmakers like Lucky 15, 31, 63, yankee, canadian, heinz, goliath. Total returns from this bet = £300 net. £1. The Accumulator calculator can. ) You can bet Forecast singles and Forecast doubles and these can be placed as either Straight, Reversed, or Combination Forecast bets. Our tricast bet calculator is here to help you with your more complex bets. Where, P t is population at time t. A Forecast Calculator that can calculate forecast bets on up to 36 greyhound races. What is a Straight. 9/5 The average satisfaction rating for the product is 4. 3 Dogs Rev FCast Doubles. Go to Data > Forecast > Forecast Sheet. Divide that amount by the number of $2 place bets on your horse. Combination Tricast Multiple Double Treble Accumulator Trixie Patent. It is effectively two straight forecasts with opposing predicted results meaning the stake is double compared to a Straight Forecast. One of the potentially profitable forecast bets. 50. Only way to go. This method uses two smoothing parameters: α for the level (the intercept) and β for the trend. A straight forecast double is 4 bets, involving 2 straight forecasts across 2 races. Choose the type of race and enter the Starting Prices of all runners in a race and then click the Calculate CSF button. It is effectively two straight forecasts with opposing predicted results meaning the stake is double compared to a Straight Forecast. A punter selects three horses that should finish in the exact order - first, second and third. Once you have your account set up and ready to go, then you are ready to start placing reverse forecast bets and other wagers. This means you have to pick the 1st and 2nd in two races. A guide to straight and combination tricasts. Acceptance: Forecast Doubles, Forecast Trebles, Forecast Patents and Forecast Yankees are accepted for both horses and greyhounds running. If that’s successful it can be worked out. It is particularly common in football, where it is used by bettors to bet on a range of matches across one or several leagues. Purchase and sale of forecasts for sport. Straight tricasts (stc) A straight tricast is 1 bet involving 3 selections in the same race to finish 1st, 2nd and. Note: the VDB function is much more versatile than the DDB function. This will show the CSF return, using the same formula as the bookmakers use. Using your A at 3/1 and B at 10/1, the two straight forecasts. . Fifth, keep an eye on the odds and ensure that you place your bet just before the race. S. straight forecast doubles bet calculator. 4) The number of Straight Forecast Trebles (SFT). Min Deposit: £5. ‎Enjoy a bet on the dogs? With Greyhound Betting Calculator calculating your stakes and your winnings has never been easier. Our treble bet calculator accommodates: Each-way treble bets. Max refund per qualifying bet is £10 (up to £50 in total). Learn more. The forecast of policy in the USA; Best predictions for soccer betting; To play online in the emulator of gaming machines free of charge; Straight forecast doubles bet calculator; Nhl betting expert predictions; Rates on the first goal in soccer; The private office fonbt the website; The first casino online in Russia; Beth Kz's rate bookmaker. 50 = $232. Bettors can have a multiple bet comprised of just two selections (for example, Manchester United and Manchester City) or more. st = αxt + (1− α ) ( st −1+ bt −1) bt = β ( st − st −1)+ (1− β) bt −1. W hile. £2. 9 out of 5. - Straight Forecast Doubles - Reverse Forecast Doubles - Straight Forecast TreblesOther Popular Calculators. The ‘Number of Selections’ should default to 3 picks. The cost is listed in cell C2 (50,000); salvage is listed in cell C3 (10,000); and life, for this formula, is the life in periods of time. weather forecasting services. Featured Horse Racing. 39 = 543. Straight Forecast. Remember if you do forecast doubles you can either reverse your selections,or maybe use better option of 2 separate straight forecasts - it is exactly the same number of bets. A Forecast Calculator that can calculate forecast bets on up to 36 greyhound races. Approach 1: Forecast as a % of capital expenditures using historical depreciation as a guide. This app is the best and if you want ultimate experience use photomath for pictures and if photos dont work use this app's calculator if even solves work problems, it is so easy to use. Gaming machines online with the deposit. Use. Reverse Forecast Trebles. ‎Enjoy a bet on the dogs? With Greyhound Betting Calculator calculating your stakes and your winnings has never been easier. If the selections are reversed or if one of the selections does not finish within the top two, the bet is lost. The formula for this is P × r × t . Entering a staking plan and calculating your winnings only takes a matter of seconds. Let's create the formula for straight-line depreciation in cell C8 (do this on the first tab in the Excel workbook if you are following along). The table below shows the number of bets in different combinations of forecast trebles. 20) Min deposit requirement. Excel's Forecast Sheet feature automatically adds formulas and creates a chart in a new sheet. Let’s say you want to calculate the moving average of. A straight forecast (SFC) bet, commonly referred to as a forecast, is a popular type of bet placed in horse racing and greyhound racing in the UK. A Forecast Calculator that can calculate forecast bets on up to 36 greyhound races. To work out how many straight forecast doubles are in a given number of races, use this simple formula: ( number of races multiplied by number of races -1) divided by two. Forecast Bet Calculator. So 4. Determine the time horizon of the forecasted 4. All 3 selections must win for you to make a profit. How to calculate treble bets. The template also includes two separate loan repayment forecasts that are used to calculate loan balances and interest charges for the remaining loan repayment period. You can also use the radius of the circle and the arc length to find the central angle. Learn more. Greyhound Betting Calculator - Enjoy a bet on the dogs? With Greyhound Betting Calculator 3 Dogs Reverse Forecast Doubles 2. Use our betting permutations calculator to help you work out the number of doubles, trebles or other multiples in any number of selections. 20 runners = 380 possible forecasts = a 379/1 chance, etc. forecast bet calculator ladbrokespirates of the caribbean casting. Iowa sports betting governor. Placing such a bet is easy enough, with most bookies having a ‘Forecast’ column next to the prices of the horses. Here’s how to forecast using exponential smoothing of revenue in Excel: Create a new worksheet and use Excel’s Forecast Sheet feature to create formulas and charts. learn close combat training: military hand to hand combat. Straight Forecast Trebles. The Bet365 bonus code to get £30 in free bets is SPRT365. The Greyhound Betting Calculator features: 1. Technique. 50 Straight Forecast. Enter the “ Damping factor. Risk-averse punters prefer the reverse forecast. An employer may choose a higher rate of overtime pay. A Treble is 1 bet made up of 3 selections, all 3 selections have to win. 53 for every 1 unit of. It is the range of data you want to forecast. There are 26 bets in a reverse forecast Patent: six forecast singles, 12 forecast doubles and 8 forecast trebles. To calculate the cost of a tricast bet, multiply the number of selections by one less than the number of selections. Use the Single return calculator to work out your winnings online for all sports. Every bettor will no doubt want to place a tricast bet at some point in their betting journey. Entering a staking plan and calculating your winnings only takes a matter of seconds. All of the most popular bet types are supported, including Lucky 15, Accumulator, Trixie, Patent and Round Robin, as well as speciality bets such as. A popular bet in greyhound racing, the straight forecast (SFC) requires the punter to name the first two dogs home in a given order. Select the “ Exponential Smoothing ” option. There are many types of forecast bets including the straight forecast,. A straight forecast bet is a betting scenario in which you select two participants in a single sporting event and state the specific order in which they will finish, first and second. An Accumulator Calculator that can settle accumulator bets from a single to an eightfold. Find out how it works here. Quick Bet Calculators. Entering a staking plan and calculating your…How does a Reverse Forecast bet work? The Reverse Forecast is a bet on two runners finishing 1st and 2nd in one half and the reverse in the second half of the bet. Lets do a straight forecast double by calculator and manually. Select the ‘Odds’ for each selection such as “9/. Straight Forecast Trebles Bet – A single straight forecast treble would be Trap 1&2 in the 18. The odds on this type of bet are longer than the odds for a reverse forecast, but once again, is a tricky calculation, better left to the bookmakers. can be expected to pay: A beats B: 3 x (10+1) = £33 for a £1 stake; B beats A: 10 x (3+1) = £40 for a £1 stake. A Double is 1 bet made up of 2 selections, both selections have to win. Any one winning forecast guarantees a return. Horse betting software. Illegal bahis ceza ekşi. Lucky 63 Alphabet Round Robin Flag Super Flag Free Bets Betting Offers. winning forecasts should be paid as trebles using the void races to make them up so you’d get the equivalent of four doubles. Download latest betking app. Number of Races. Number of Races, Straight Forecast Doubles, Reverse Forecast Double, 2 Pairs Rev FCast Doubles, 3 Dogs Rev FCast Doubles, Straight Do my homework now. Straight Forecast. With the two data series in place, carry out the following steps to build a forecasting model: Select both data series. When placing wager on a daily double, or a simple each-way bet there is no real need for a horse betting calculator. Our goal is to become the one-stop, go-to site for. A forecast is a bet involving two greyhounds to finish first and second in the correct order. Another word for trifecta. 6 bets. night elf units warcraft 3 reforged; what are the weakness of curriculum; cyberpunk get rid of warrant; feeling high and mighty; jquery update data-url;Straight Forecast Double A bet like a standard double, involving two straight forecasts in two races. A combination forecast aims to pick the first and second-placed finishers in an event in any order using three to six selections. Fourth, check the forecast prices on the race card. 3. Specify when the forecast ends, set a confidence interval (95% by default), detect seasonality automatically or manually set the length of the seasonal pattern, etc. The totalizator fonbt the express. For more than three selection, the formula is slightly different to that of forecasts. Determine the use of the forecast 2. To calculate the number of possible forecasts in a race, take the number of runners and multiply the number of doubles in that number by 2. Less risky than a straight forecast but still offering potentially high returns. These are. 4. Reviews of bookmaker offices of Ukraine. Straight Forecast Double – A bet comprising 2 straight forecasts from different events in a double. ‎Enjoy a bet on the dogs? With Greyhound Betting Calculator calculating your stakes and your winnings has never been easier. Lee reseñas, compara valoraciones de los usuarios, visualiza capturas de pantalla y obtén más información sobre Greyhound Betting Calculator. In fact it is the only bet calculator I know of that lets you calculate a reverse forecast. Sep 22, 2009. 00 (one horse in each of the two races) $2 Daily Double Part Wheel: 1,2,4 with 1,5,7. 5 times the standard rate for overtime and sometimes even more. Betpawa jackpot won. The objective is to predict which dog will finish first in each race and place bets accordingly. Is it possible to do a straight forecast on the dogs online. A Forecast Calculator that can calculate forecast bets on up to 24 greyhound races. Enjoy a bet on the dogsForecast doubles calculator - Keep reading to learn more about Forecast doubles calculator and how to use it. This means that a £10 reverse forecast will cost you £20 in total, much like a £10 each way bet would. Calculate Overround on events. The bet includes 6 doubles, 4 trebles and 1 four-fold. In our hypothetical scenario, the company is projected to have $10mm in revenue in the first year of the forecast, 2021. g. Six types of forecast bet are covered. You need at least three forecasts for a forecast double. Reverse Forecast Trebles Bet – We have three races and we have selected Trap 1&2 in. To calculate double integrals, use the general form of double integration which is ∫ ∫ f (x,y) dx dy, where f (x,y) is the function being integrated and x and y are the variables of integration. Definition. 00. A Treble bet consists of 3 selections taking part in different events. ‎Enjoy a bet on the dogs? With Greyhound Betting Calculator calculating your stakes and your winnings has never been easier. Basic Daily Double: 1 & 1. If both of the fastest dogs figure in the top two of the forecast (joint first or second is fine), you have identified your selections. . Six types of forecast bet are covered. This model is a little more complicated. At the end of each competition, a computer-generated dividend is provided. Who does not play a casino Monte-Carlo. This betting tool is very useful for when you are combining odds and need to know what your returns will be before placing your bets. t is the amount of time it takes the population to doubleJoined: 10 Apr 05. The Greyhound Betting Calculator features: 1. The Greyhound Betting Calculator features: 1. Mathematically, triple exponential smoothing is expressed as:First, compute and store the moving average of the original series. 4 (7/5) on Noble Yeats, which if. spider-man silver lining gadget challenge. For example, if the cost of goods sold has historically been 30 percent of sales, assume that trend will continue. To play online free of charge in the piggy bank gaming machine. clive john valentine says. Showcasts Exclusive: Showcasts are Fixed Price Straight Forecasts and Tricasts. These are the reverse forecast that allows you to pick the horses in any order and a combination forecast involving 3 horses and 6 bets. Calculate Overround on events. - Straight Forecast Doubles - Reverse Forecast Doubles - Straight Forecast Trebles Fact checked by: Mark Lewis. Only deposits made via Cards will be eligible for the promotion (Apple Pay excluded). Enter the odds for Game 1, Game 2 and so on. What you need to do now is multiply the number of doubles with the number of outcomes for each double. Permutations chart For quick reference you can also refer to our betting folds chart which lets you see at a glance how many doubles, trebles and # folds there are in up to 20 selections. New customers, Deposit & Place a Bet within 7 days, and settle a £10 minimum bet at odds of 4/5 (1. The forecast doubles bet is a great bet for using small stakes, even as low as a penny. 2 Pairs Rev FCast Trebles. Selections: Forecasts: 3: 6: 4: 12: 5: 20: 6: 30: 7: 42: 8: 56: 9. Nesine spor toto nasıl oynanır. A Forecast Calculator that can calculate forecast bets on up to 36 greyhound races. ‎Enjoy a bet on the dogs? With Greyhound Betting Calculator calculating your stakes and your winnings has never been easier. 2 Pairs Rev FCast Doubles. CSF is another term for a straight forecast and derives from the way in which forecast returns were traditionally (and often still are) calculated. Then multiply that by one less than the previous figure e. A straight forecast. If all three predictions are correct, you will win your treble bet and be instantly paid out. 00 (3 horses in each race = nine combinations) To figure the cost: Multiply the number of horses in the first leg by the number of horses in the second leg, times the amount of your Daily Double. with all four of these holding chances, if they turn up on the day. Horse A. Double. 67% of your stakes, but only 8. Powercasts are fixed price Forecast & Tricast bets on selected runners which are priced by Paddy Power. Get Back To Basics – Learn To Grow Your Own Food. Equivalent to a Yankee but with four singles, and only one selection must win to guarantee you a return. D is the doubling time of a population. pick two Straight Forecasts, some bookmakers will allow those two bets to be placed as a win double. Betting calculators are generally very simple to use and all you need to do is enter the odds together with your stake for your potential winnings to be shown. As long as a sport or betting market supports accumulators and system bets, it can include a banker wager. 00. The Straight Forecast stands out as £10. For example: If the forecast return is 11. Both selections must be successful for the bet to win, with returns from the first reinvested on the second. Call the measure of the central angle . Forecast Trebles – Another very popular bet with greyhound racing fans. AceOdds provides the most comprehensive and reliable suite of bet calculators, with over 50,000 bets calculated daily. A Tricast Bet (Trifecta) refers to a horse racing bet that you place on who will finish in the top 3 places in a race. A forecast is usually returned is to a one-unit stake. 0% each year until reaching 3. The Free Bet Calculator is the world’s leading online sports bet calculator. Single/Straight A single or straight is a bet on 1 selection. How do forecast doubles work? Returns are calculated in the same way as a standard ‘treble’, with the returns from the first forecast reinvested on the second and then onto the third. Any two winning forecasts guarantee a return. Straight forecast doubles calculator A treble betting odds calculator works out the returns of your winnings on a treble. ) In races where only one horse finishes, Forecast bets with the correct first place horse will be paid as an SP single on that selection. This will show the CSF return, using the same formula as the bookmakers use. Under this kind of bet, the bettor must predict first and second in the exact order they finish. There's also a Forecast Calculator, helping you calculate forecast bests on up to 24 races. Reverse Forecast Double. By converting fraction to percent, we can say that the chances of winning are 5/6 = 83. 2. Like a combined forecast. If there are less than 3 actually running in a race then all forecasts for that race will be void. S. Descarga la app Greyhound Betting Calculator y disfrútala en tu iPhone, iPad o iPod touch. ; known_x’s: known range of x values. The main difference between a tricast and a forecast is the number of selections. If you are testing this on a race after the weighed in noticed (when all the. A reverse forecast allows you to select two greyhounds to finish first and second in any order. For example, if we know the past earnings and expenses, we can forecast the future. Fifth, keep an eye on the odds and ensure that you place your bet just before the race. A two-selection multiple bet is known as a double. Different kinds of tricasts. A popular betting type among punters, it consists of four selections and 15 bets (hence the name) – four singles, six doubles, four trebles and a fourfold. What Is a Straight Forecast Bet? The first and standard type of forecast betting is called the straight forecast wager. Calculating the return from there will follow the typical payout formula: Payout = stake x odds. A Combination Forecast consists of 4 bets that. 00 = 3. Use the slope formula to find the slope of a line given the coordinates of two points on the line. A combination forecast is a wager on three or more named selections in order to choose two of the selections to finish 1st and 2nd in the correct order in a specified event. It is effectively the same as placing two straight forecasts for your chosen selections. Now we will fit a double smoothing model with (alpha = 0. Bet Types Explained. Six types of forecast bet are covered. Follow the below steps to use Excel Exponential Smoothing: Click the “ Data Analysis ” tool on the “ Data ” tab. In step 2, subtract the show money wagered on your horse and the two highest amounts of show money bet on other horses. It is used in everyday life, from counting to measuring to more complex calculations. These can be single, double or treble bets. Reverse Forecast Double. Many people have a favourite type of bet, whether it be a Lucky 15, Accumulator, Round Robin or even a plain Single. A bet can be broken down into two elements; the Stake - how much you risk. Straight forecast doubles is an arrangement in which you make four selections for two different events. 0 (7/1) or place odds of 2. Design and development by Jay Boice. Powercasts are fixed price Forecast & Tricast bets on selected runners which are priced by Paddy Power. You predict who comes first and second in the two. Linear interpolation in Excel means forecasting or guessing the next value of any certain variable given on the current data. Multiple bets. Make a straight-line prediction of future demand 4. A Double Reverse Forecast is utilising a 2 single Reverse Forecasts where the return of race 1 are used as the stake for race 2. Select one Horse or Greyhound by clicking the ‘Any’ box next to the selection name you choose to bet on (under the Forecast heading). com uses a Commercial suffix and it's server(s) are located in N/A with the IP number 192. Straight Forecasts. Input your data and let the CAGR formula work its magic!. The Greyhound Betting Calculator features: 1. Afterwards, the amount of forecast bet units bought is multiplied by that dividend to calculate the total payout. The Greyhound Betting Calculator features: 1. 1×2 with 3×4; 1×2 with 4×3; 2×1 with 3×4; 2×1 with 4×3. You just lost 16. lateral ankle reconstruction protocol; employee name in spanish; used honda accords for sale by owner near me; smoked trout vs smoked salmon nutritionYou can use this Linear Regression Calculator to find out the equation of the regression line along with the linear correlation coefficient. domain. 000, but you can still do a rough conversion in order to have a sense of the nearest fractional odds. 28 and Trap 1&2 in the 18. The Greyhound Betting Calculator features: 1. Forecast for sport YouTube. Combination tricast bets allow the bettor to select three runners. Correlation and regression calculator. Remember if you do forecast doubles you can either reverse your selections,or maybe use better option of 2 separate straight forecasts - it is exactly the same number of bets. Reverse Forecast – As you may have guessed, the reverse forecast is just a variation on the straight forecast bet. 2 Pairs Rev FCast Trebles. Entering a staking plan and calculating your… As a punter, placing a forecast means choosing the horses to finish 1st and 2nd in that particular order.